Dow Jones Sues Cision US for $174 Million Over Alleged Contract Breach

Dow Jones has initiated legal action against public relations company Cision US, citing an alleged $174 million contract breach. The complaint was filed in Manhattan Supreme Court on Monday and claims that Cision abandoned an exclusive licensing agreement after only one year, stating that the deal was no longer “economically viable.” For more details on the case, visit the New York Law Journal.